Mount Elliot vs Holgate
Mount Elliot (median $1,920,000) is roughly 16% cheaper to buy into than Holgate ($2,280,000). Over the past year, Holgate (+9.9%) ran 26.4 percentage points ahead of Mount Elliot (-16.5%) on house-price growth.
Buying in Mount Elliot or Holgate?
Selling in Mount Elliot? The free selling guide
Mount Elliot and Holgate side by side
| Measure | Mount Elliot | Holgate |
|---|---|---|
| Price and market | ||
| Median house | $1,920,000 | $2,280,000 |
| Median unit | $316,800 | $316,800 |
| House price change, 12 months | -16.5% | +9.9% |
| Renting | ||
| House rent | $693/wk | $693/wk |
| Unit rent | $600/wk | $600/wk |
| Owner occupied | 100.0% | 95.0% |
| Renter occupied | – | 4.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1029 | 1040 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 0 | 0 |
| Population | 169 | 1,023 |
| Median age | 48 | 43 |
| Climate | ||
| Annual rainfall | 1288 mm | 1288 mm |
| Mean max, January | 27.2°C | 27.2°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Holgate (1040) sits above Mount Elliot (1029).
- For buyers
- Mount Elliot is the lower entry point at $1,920,000 median, 16% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Mount Elliot delivers the better gross yield (1.88% vs 1.58%), but Holgate has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Holgate edges out on average school ICSEA (1040 vs 1029).
Mount Elliot vs Holgate: common questions
Is Mount Elliot or Holgate cheaper to buy in?
Mount Elliot has the lower median house price at $1,920,000, roughly 16% below Holgate ($2,280,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Mount Elliot or Holgate?
Over the past 12 months, Holgate grew +9.9% vs -16.5% in Mount Elliot, a gap of 26.4 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Mount Elliot or Holgate have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Holgate scores 1040 vs 1029 in Mount Elliot. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Mount Elliot or Holgate?
Gross rental yield on houses is 1.88% in Mount Elliot vs 1.58% in Holgate. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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The two suburbs
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